Evercore ISI Group Maintains Outperform on Workday, Lowers Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Workday (NASDAQ:WDAY) but has lowered the price target from $300 to $290.
August 20, 2024 | 12:55 pm
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Evercore ISI Group has maintained an 'Outperform' rating on Workday but has lowered the price target from $300 to $290, indicating a slight decrease in expected valuation.
The 'Outperform' rating suggests continued confidence in Workday's performance, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100